How are you preparing your children

Discussion in 'Investor Psychology & Mindset' started by Xenia, 3rd Nov, 2015.

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  1. D.T.

    D.T. Specialist Property Manager Business Member

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    Appreciate your input; you articulated what everyone was thinking way better than we all did!
     
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  2. bob shovel

    bob shovel Well-Known Member

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    Teachers pet!
     
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  3. Sackie

    Sackie Well-Known Member

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    How are you preparing your children?

    We will teach our kids how to achieve financial independence so they don't have to trade their time for money until 70+ years. Once they learn those skills, what they do after that is their choice.

    What we would love for them to do is join the family business. But it's entirely their choice.
     
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  4. bob shovel

    bob shovel Well-Known Member

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    I'm still available for adoption ;)
     
  5. Sackie

    Sackie Well-Known Member

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    Your fees are too expensive :p
     
  6. bob shovel

    bob shovel Well-Known Member

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    I'd pay you! Get me away from these kids!! :p
     
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  7. Adele

    Adele Well-Known Member

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    I'm hoping that my kids will pick up their financial knowledge from us by osmosis. We talk about work, business, investments etc a lot in front of the kids. I think this way, it will become 2nd nature to them once they are of age.

    Book skills should be left to the professionals (school), as I am not academic enough.:D
     
  8. Cactus

    Cactus Well-Known Member

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    I've got two boys and a third child on the way. I'm trying to convince the eldest to be a builder, the second to be a plumber and the third I will work on to be a sparky.

    Now if I can just convince the misses to go along with this I will have a cut price building team at my disposal for all my developments.
     
  9. Xenia

    Xenia Well-Known Member

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    This particular child now goes to a Steiner education high school. It is 1000 % better for this boy than conventional schooling and he has gone from a kid who hated school and homework and getting up in the morning. To someone who loves school, takes pride in homework - it's all his ideas anyway, and is generally more responsible.

    Kids are treated like people there, not inferior beings who need to be disciplined. I wish we had discovered this years ago.
     
  10. Cactus

    Cactus Well-Known Member

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    Some children benefit from a Steiner or Montesori approach others work better in mainstream education provider. It depends on the child. We all learn differently.
     
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  11. Joshwaaaa

    Joshwaaaa Well-Known Member

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    Whats the difference? we noticed the closest school to where we are looking to move is waldorf. All we got told is lots of "odd" parents send their kids there
     
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  12. bob shovel

    bob shovel Well-Known Member

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    That's what uneducated people think! There's good info on Wikipedia. Very basically Steiner and Montessori the learning process is based around the child's abilities and progress rather than the child being pushed into keeping up with the system
     
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  13. Joshwaaaa

    Joshwaaaa Well-Known Member

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    Alright will look into it, my boy seems to be quite mechanically minded as I was when a kid. So if he does end up similar to me will absolutely hate going to a school which only has the goal of pumping everyone straight into uni
     
  14. Scott No Mates

    Scott No Mates Well-Known Member

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    Why would you send your kids to a school which is 'walled orff'?

    People must be very insecure.
     
  15. Xenia

    Xenia Well-Known Member

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    As Caltan mentioned above, it's not for everyone and some kids founder in the system. If your child requires structure and instructions then it's not for him as there are none.

    its research based. When I was in research in Canada, the training was "here is your desk and your lab" use your own laptop and phone and we look forward to seeing what you come up with. Bye.

    That's basically what Steiner is - beneficiall for kids who are a bit "odd" like you said, raised by odd parents like me and can't take orders very well but love to create and experiment.

    They don't take just anyone unlike other private schools. We had a series of interviews to get in. They interviewed both the child and parents seperately and must have then decided that we are odd enough to fit in ;)
     
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  16. Cactus

    Cactus Well-Known Member

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    Hahaha it's funny cause it's kinda true. I live near a school that runs both programs side by side. It is quite obvious for the most part which parents and kids are in which program. Theirs a certain hippy vibe.

    This generalisation comes from some truth.

    Obviously @Xenia doesn't look like a stereotypical hippy. And you don't have to be one. The benefit to the style of education is on the kids learning style more than anything.

    What I observed when I looked at sending my kids to the school was that unlike Xenia who has come to the decision through trial and error, most of the hippy parents were sending their kids their in the same context that bankers send their kids to private school. It's all based on the parents ideology and not on what's best for the child.
     
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  17. Xenia

    Xenia Well-Known Member

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    True some kids are there from day 1 and there are no interviews then. I think it could have been for us coming from an academic/business background and dressed in business suits and high heels.

    Either way. We love it. Our child is now happy and no more problems. For now!

    Fingers crossed as my child is really quite eccentric and different. :confused::(
     
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  18. Owlet

    Owlet Well-Known Member

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    We are all at different stages in our learning journey and so are our kids. We should be grateful that we and our children have access to learning opportunities through a variety of mediums. That is how I prepare all my kids.
     
  19. willair

    willair Well-Known Member Premium Member

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    I agree,we started early the only way to teach our 4 daughters about money was the NAB,used to give away money tins for young people to learn to save money ,same as the CBA those small tins taught them how to save then bank when the tins were full,the next was drug proof our daughters in my own simple way,took the whole family down to nimbin main street in between all the bob marley clones banging on the car windows trying to sell whatever and took them up the main street and sat there and told them this is what happens in the real world and look into the faces of all the people walking past,that also worked so far,the next was all the schools -uni which the uni part is just about finished the youngest daughter will be a registered psychologist later on this year and my job is done,and i will be her first patient,you only get a small window from when they are young,and it all goes so fast
    but i'm happy with all the pickups drop offs over the years,best job i've ever had..
     
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  20. Kate Moloney

    Kate Moloney Well-Known Member

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    When my brother and I were 12, Dad sat us down and said any money we saved at age 18 he would double. It was such a good incentive to save and learn how to invest. I bought reared calves and sold them a few years later, picked blueberries and worked after school and invested in shares. It really instilled an entrepreneurial and investor spirit. Ended up saving $25,000 ... towards the end Dad was like ... will you spend some money already your going to send me broke when you turn 18 :)
     
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